NEW YORK (CNNMoney) — On the ever-changing balance sheets of the independent film company IFC, there has been one constant since 2002: "The Twelve Year Project."

It is a film, now titled "Boyhood," by the acclaimed director Richard Linklater. Released on Friday in New York and Los Angeles, the film has been heralded as "an experience as much as a film" (The Los Angeles Times) and "an epic masterpiece that seems wholly unconcerned with trying to be one" (USA Today).

That's because "Boyhood" tells the story of one boy, Mason Jr., played by Ellar Coltrane, as he becomes a man over the course of twelve years. Patricia Arquette played his mother Olivia, Ethan Hawke played his father Mason Sr., and the director's daughter Lorelei played older sister Samantha.

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